While taking time, careful consideration and expert advice is the preferred way to record a will, sometimes the need to act quickly in order to change or obtain a person’s final wishes arises and this can cause issues for both the family and the solicitor involved.
Read more on The problems associated with ‘deathbed’ wills
Careful what you type – Court of Appeal rules informal email exchange is sufficient to transfer property to ex-partner
For unmarried co-habiting couples who jointly own property without a declaration of trust, the case of Hudson and Hathway heard by the Court of Appeal last year highlights the binding power of emails and cautions couples to take great care when composing them.
Read more on Careful what you type – Court of Appeal rules informal email exchange is sufficient to transfer property to ex-partner
Our dedicated teams work hard to look after clients, whatever their legal needs. Our broad expertise across the firm means that anyone of our lawyers has access to a network of experts who can be recommended to ensure you are receiving the best holistic legal care at the right time.
Read more on Focus on our family law team at Clarke Willmott
Figures from the Institute of Government show that in 2020 the reduction in GDP as a result of the coronavirus pandemic was the biggest decrease in any year since 1709 (apparently the year of the “great frost”).
Trust Registration Service: the deadline approaches
The TRS was originally set up as part of the UK’s response to the 4th Anti-Money Laundering Directive in order to meet its obligations to collate information about UK taxable trusts.
Read more on Trust Registration Service: the deadline approaches
The Statutory Residence Test and “exceptional circumstances”
Since 6 April 2013 an individual’s UK tax status has been decided by the Statutory Residence Test (SRT). The number of days that the taxpayer spends in the UK is vital in determining tax residence pursuant to the SRT with a variable number being permitted as decided by various factors.
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Increased longevity, combined with loneliness, appears to have resulted in a rise in “predatory marriage”, or at least to greater recognition that this type of marriage (or civil partnership) exists.
OTS’s capital gains tax review: more tax on disposal of the family farm?
CGT was introduced in April 1965. Before that date asset gains were free of tax, inevitably encouraging schemes to convert taxable income into untaxable gains.
Read more on OTS’s capital gains tax review: more tax on disposal of the family farm?
